Know about the “Cannabis” Token
The industry token for the legal cannabis sector, $CANNA, will now be listed on the decentralized exchange KingSwap on October 5, 2021. Notably, $CANNA has a total token supply of 420,000,000,000, of which 210,000,000 are circulating.
KingSwap is a Singapore-based DeFi project offering a high-yield liquidity platform with possible fiat conversions, extensive staking rewards, and digital collectables.
The listing of the native coin of the CanCoin project, after its initial official release on August 22, is expected to take place on other exchanges like PancakeSwap post-October 19, 2021. The $CANNA token runs natively on the Binance Smart Chain and is currently valued at $0.17 each.
“We are excited for this next step, where we list the $CANNA token on KingSwap DEX,” said Daniel Daboczy, The CanCon director. “Listing on KingSwap ensures that users benefit from low transaction fees and fast confirmation times for quick trade execution. The response from the industry has been very positive. The onboarding of companies using the $CANNA token as their future currency in their businesses has already started with excellent results.
Disclaimer: This article is originally published on https://www.moneycontrol.com/news/business/cryptocurrency/all-you-need-to-know-about-the-cannabis-token-7524661.html